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XRP price stabilizes near $1.47 amid growing short squeeze potential and bearish pressure.

Technical Signals
18 Apr 2026
AMBCrypto
View Source
Neutral
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XRP has been in a prolonged downtrend, falling nearly 60% from its peak, with persistent bearish sentiment reflected in negative funding rates. Recently, the price stabilized around $1.3–$1.5, signaling slowing sell momentum and a shift from deleveraging to re-entry by traders. Open Interest rose as new positions formed, while liquidations indicate pressure on late bearish shorts, creating tension that could lead to increased volatility. XRP faces resistance near $1.49; a break above could trigger a price surge, while failure to break may keep it range-bound with bearish pressure.

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